Creating a Budget for Your eLearning Projects

Conference Archive

Learning Solutions Conference & Expo 2015 - March 25, 2015

Diane Elkins

Co-Founder Artisan E-Learning and E-Learning Uncovered

Tanya Seidel

VP, Finance & Technology Artisan E-Learning

There are many factors that go into properly budgeting for an eLearning
project. Course requirements such as length, locked-down navigation, Section 508
compliance, simulations, and games can cause longer development times, and
therefore a greater cost of development. How do you determine which factors
affect the project time and budget, and by how much?

In this collaborative session you will explore how to identify
significant time and cost factors for the completion of an eLearning project.
Taking those factors into consideration, you will devise a formula that you can
take back to the office and implement with your favorite spreadsheet program.
With this flexible tool at your fingertips, you will be able to calculate an
accurate budget for your next eLearning project.

In this session,
you will learn:

Factors that influence the time and
cost of each phase of the eLearning development process

How to use historical project data to
determine an average budget for a typical eLearning project.

How to use identified influencing
budget factors to adjust the typical project budget